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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Argentine Peso/Euro (FOREX:ARSEUR)

Countertrend Down (-85) - ARSEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ARSEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSEUR
Open High Low ARSEUR Price Change
0.01173063 0.01176493 0.01166575 0.01167267 -0.00005800
Entry Signal

MarketClub’s Trade Triangles for ARSEUR

long term down The long-term trend has been DOWN since Dec 19th, 2017 at 0.04806000

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 0.01494849

short term up The short-term trend has been UP since Aug 3rd, 2020 at 0.01180649

Smart Scan Analysis for ARSEUR

Based on our trend formula, ARSEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ARSEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01173063 0.01176493 0.01166575 0.01167267 -0.00005800
Prev. Close Volume Bid Ask Time
0.01173063 0.01167206 0.01167328 2020-08-04 20:53:51
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